Ideal Electric Services

$109,030 PPP Loan in Jeffersonville, Indiana

Loan Details

Loan Number
1697317705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$109,030
Current Approval
$109,030
Forgiveness Amount
$110,455
Forgiveness Date
Aug 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Electric Services
Address
3116 Charlestown Pike
State
Indiana
ZIP Code
47130
Business Type
Sole Proprietorship
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.3M
Rural/Urban
Urban
Congressional District
IN-09

Loan Use Breakdown

Payroll
$97,000
Rent
$2,500
Utilities
$1,500
Health Care
$6,030
Debt Interest
$2,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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